If you are looking for a good place to start out in the banking industry, then you may need to start at the LAPO Microfinance Bank limited. It’s one of the organisations recommended for fresh graduates looking for reputable financial institutions to start a career. Continue reading to find out LAPO salary structure.
What is LAPO Microfinance?
According to the main idea of this financial institution, the bank orientates towards low-income families. Initially, it was created as a Non-Governmental Organization. This institution was established in 1980 but got its financial approval in 2010. Today, LAPO provides micro-credits to low-income citizens of the country.
According to the Salary scale, the average salary in LAPO Microfinance Bank is 103,000 Naira.
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Accountant salary at LAPO microfinance group starts from 89,000 Naira. The main responsibility of this position is the preparation of records for transaction documents. Therefore, every accountant is responsible for detailed preparation of financial documents.
The salary for the administrative officer in LAPO microfinance Bank salary structure starts from 87,000 Naira. The administrative officer is one of the middle positions in the bank. You will be a middle link between employers and employees. The main idea of this position is managing general administrative tasks.
Client Support Officer
Client support officer gets about 100,000 Naira per month at the LAPO bank. As it comes from the name of the position, this officer is responsible for any contact with post-sale and post-trade activities of the clients. The main task is to meet the expectations of the client. Therefore, whenever a client has a question, client support officer should have an answer to this question.
The client service provides the first line of client support if its needed. Therefore, he maintains a healthy business relationship with a client. It also has the support functions of the bank to handle the problems of clients.
If you choose this position, then you will have to add some value to the relationship between the bank and clients. You will need to set up records and meeting that can help to improve the relationship.
Head of Strategy Division
The Head of Strategy Division in LAPO salary structure can get about 138,000 Naira per month. It’s one of the high positions in the Bank. The main task of this position is to develop strategies and calculate the development of the bank in the near future. The strategy division generates ideas to promote and distribute services of the bank to more places.
The head of strategy division is a team leader position. Therefore, he takes the responsibility not only for one person but the whole office of employees. They work together as a team and generate new ideas for the Bank.
The average salary for LAPO salary structure is 103,000 Naira per month. It may not be the best salary in banking in Nigeria, but it’s a pretty good start. Moreover, LAPO Bank may provide a lot of other interesting possibilities for people who want to work for them.
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